EUR/NOK
EUR NOK
- NOK (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
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High: -
High / Low range: -
Type: Forex
Ticker: EURNOK
ISIN:

EUR/NOK - 1H - Technical analysis published on 10/04/2022 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
33%
22%
44%
My opinion
Bearish under 10.5007 NOK
My targets
10.4308 NOK (-0.0262)
10.3709 NOK (-0.0861)
My analysis
In the short term, we can see an acceleration in the bearish trend on EUR/NOK, which is a positive signal for sellers. As long as the price remains above 10.5007 NOK, a sale could be considered. The first bearish objective is located at 10.4308 NOK. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 10.3709 NOK as an objective. Crossing it would then enable sellers to target 10.2452 NOK. If the price were to return above 10.5007 NOK, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
3.9

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The EUR/NOK price is 10.4570 NOK. On the day, this instrument lost -0.06% and was between 10.4186 NOK and 10.5456 NOK. This implies that the price is at +0.37% from its lowest and at -0.84% from its highest.

10.4186
10.5456
10.4570

Here is a more detailed summary of the historical variations registered by EUR/NOK:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of EUR/NOK in 1H shows an overall bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour



In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 8 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 10.2452 10.3709 10.4308 10.4570 10.5007 10.6100 10.6936
Change (%) -2.03% -0.82% -0.25% - +0.42% +1.46% +2.26%
Change -0.2118 -0.0861 -0.0262 - +0.0437 +0.1530 +0.2366
Level Major Major Minor - Major Minor Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10.087410.254710.359110.526410.630810.798110.9025
Camarilla10.388910.413810.438710.463610.488510.513410.5383
Woodie10.056110.239010.327810.510710.599510.782410.8712
Fibonacci10.254710.358510.422610.526410.630210.694310.7981


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9.949510.098610.384010.533110.818510.967611.2530
Camarilla10.549910.589710.629610.669410.709210.749110.7889
Woodie10.017710.132710.452210.567210.886711.001711.3212
Fibonacci10.098610.264610.367110.533110.699110.801610.9676


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9.29589.575710.122510.402410.949211.229111.7759
Camarilla10.442110.517810.593610.669410.745210.821010.8967
Woodie9.42949.642410.256110.469111.082811.295811.9095
Fibonacci9.57579.891510.086610.402410.718210.913311.2291

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 45.06
MACD (12,26,9): -0.0140
Directional Movement: -5.4493
AROON (14): -35.7142
DEMA (21): 10.4521
Parabolic SAR (0,02-0,02-0,2): 10.4281
Elder Ray (13): -0.0134
Super Trend (3,10): 10.5281
Zig ZAG (10): 10.4632
VORTEX (21): 0.9698
Stochastique (14,3,5): 36.56
TEMA (21): 10.4573
Williams %R (14): -64.88
Chande Momentum Oscillator (20): -0.0031
Repulse (5,40,3): -0.0830
ROCnROLL: 2
TRIX (15,9): -0.0324
Courbe Coppock: 0.10
MA7: 10.4616
MA20: 10.2503
MA50: 10.0172
MA100: 10.1381
MAexp7: 10.4687
MAexp20: 10.4750
MAexp50: 10.5019
MAexp100: 10.4906
Price / MA7: -0.04%
Price / MA20: +2.02%
Price / MA50: +4.39%
Price / MA100: +3.15%
Price / MAexp7: -0.11%
Price / MAexp20: -0.17%
Price / MAexp50: -0.43%
Price / MAexp100: -0.32%

Quotes : - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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